Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Sunday, October 4, 2015

Caution: Bull Shit Market. All Hubris And Denial

"Time flies when you're having your head up your own ass..."

The clearest waves we will ever see:
All World ex-U.S., S&P 500 is greyed in background. Vertical blue line shows where we are relative to 2008 - you know when...

While everyone was waiting around for the all-important Flash Crash "retest", it already failed...